THE ABRAHAM INITIATIVES INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,055,124
Cash & Equivalents
89%
Receivables (Non-Related)
5%
Investments
5%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$28,003
Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$878,715
$940,613
+7%
Receivables (Non-Related)
$113,815
$55,816
-51%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$6,475
$6,475
+0%
Investments
$42,244
$52,220
+24%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$1,041,249
$1,055,124
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$22,715
$28,003
+23%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$22,715
$28,003
+23%
Net assets
2023
2024
Change
Restricted Net Assets
$756,811
$815,646
+8%
Unrestricted Net Assets
$261,723
$211,475
-19%
Net assets
2023
2024
Change
Net assets
+$1,018,534
+$1,027,121
+1%
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